Shifting Spaces: Real Estate Experts Discuss Evolving Trends Post COVID-19 – Brookfield – 7.14.20

Summary:

Now On Demand.

COVID-19 has significantly changed how we use numerous physical spaces over the short term, a shift that has important investing implications for the real estate sector. Hear from leading real estate experts as they share insight into how COVID-19 accelerated several existing trends, leading to new opportunities. Brookfield Public Securities Group and Oaktree real estate experts will discuss:

• Evolution of brick-and-mortar retail
• Role of technology and growth of e-commerce
• Future of offices
• Attractiveness of Sunbelt cities
• Travel trends
• Opportunities for public and private real estate investors

Speakers:

Nicole Pecoraro has 19 years of industry experience and is a Director for the Public Securities Group’s Wealth Management Division. She is based in New York and responsible for client relations and business development in the Mid-Atlantic region. Prior to joining the firm in 2008, Nicole was Account Manager for Credit Market Analysis, a London based firm providing real-time credit derivatives market data to financial institutions internationally. Nicole earned a Bachelor of Arts degree in Business Management with a minor in East Asian Studies from Gettysburg College. She holds FINRA Series 7, 6 and 63 licenses.

Bernhard Krieg has 21 years of industry experience and is a Portfolio Manager on the Public Securities Group’s Real Estate Securities team. In this role he oversees and contributes to the portfolio construction process, including execution of buy/sell decisions. Prior to joining the firm in 2006, Bernhard was a Senior Vice President at Haven Funds and a Vice President at Security Capital. He holds the Chartered Financial Analyst designation. Bernhard earned a Master of Business Administration degree from Texas A&M University and his undergraduate equivalent in Business Administration and Civil Engineering from the Technical University in Dresden, Germany.

Mr. Desai joined Oaktree in 2004 and is involved in the investment and management of its real estate funds. His responsibilities include acquisitions, dispositions, financings/re-financings, asset management, development and redevelopment of all property types, with a primary focus on corporate transactions. He has worked with a number of Oaktree’s real estate portfolio companies and has served on the Board of Directors for STORE Capital and International Market Centers (both specialty REITs). Prior to joining Oaktree, Mr. Desai served as an analyst for Morgan Stanley’s real estate investment strategies where he was involved in a number of advisory assignments, including the spin-off and restructuring of Fairmont Hotels, as well as the evaluation of numerous properties and portfolios for acquisition. Additional experience includes internships at American Enterprise Institute and the U.S. Office of Management and Budget in the executive offices of the White House. Mr. Desai received a B.A. degree in public policy with a secondary major in economics from Stanford University.